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Snyder's of Hanover

From Alfawiki
Snyder's of Hanover, Inc.
Company typeSubsidiary
IndustryPretzels
Founded1909; 117 years ago (1909)
FounderHarry V. Warehime
Headquarters
Key people
Michael Warehime (chairman)
Carl Lee (president, CEO)
ProductsSee products section
RevenueUS$652 million
ParentCampbell Soup Company
SubsidiariesJays Foods
Websitewww.snydersofhanover.com

Snyder's of Hanover, Inc. is a U.S.-based bakery and pretzel snack manufacturer located in Hanover, Pennsylvania. Its distribution network extends throughout the United States, Canada, Europe, Asia, and the Middle East.

History

The company was established in 1909 by Harry Warehime in Hanover, Pennsylvania, initially operating as a bakery. By 1920, Eda and Edward Snyder began marketing homemade fried potato chips. In 1950, the business divided into two separate organizations: Snyder's of Hanover and Snyder of Berlin. Snyder's of Hanover was acquired by Hanover Canning Company (later Hanover Brands) in 1961 and regained its independence as a standalone company in 1981. It maintains no current affiliation with Snyder of Berlin.

In December 2007, to broaden its snack offerings in the Midwest region, Snyder's of Hanover purchased the bankrupt Chicago-based Jays Foods. A proposed merger with competitor Utz Quality Foods was halted by the U.S. Federal Trade Commission in 2010. Subsequently that year, Snyder's of Hanover combined with Lance Inc., creating one of the largest snack food enterprises in the United States under the name Snyder's-Lance, headquartered in Charlotte, North Carolina. In December 2017, the Campbell Soup Company acquired Snyder's-Lance for $4.9 billion. Separately, Utz Foods merged with the unrelated Snyder of Berlin in 2019.

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